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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. Clearly, blue-suit regulators stood out. The bank, First National Bank of Keystone, was $1.1 I'm not making this up.

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Data Dive: And The Winner Is Edition — SMBs Worldwide, DoorDash And Gun Regulation

PYMNTS

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. In spring 2018, participating U.S. In spring 2018, participating U.S.

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Energy Sector Trips Up Shared Credits

American Banker

WASHINGTON – Despite efforts by regulators and banks to improve underwriting of commercial leveraged loans, the number of troubled large syndicated credits jumped again this year, according to a report released Friday by federal regulators.

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Why A Former Walmart Exec Jumped In With Drizly

PYMNTS

Until you can figure out how to be at least a regional or a better national player, you’ll always be nipping at the edges, but never really getting to scale,” Simon said, adding that Drizly has built a brand and a platform that complies with the three-tier system and can actually reach everyone in the country.

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Cuius regio, eius pecunia

Tomorrow's Transactions

Let’s return to Ben’s comments in a moment but first look at the concept of supra-national money — money that is not connected with national borders — through a conservative lens. Remember my new tattoo, “cuius regio, emus pecunia” or “whose region, his money”? As I said at the time, that’s what I call thinking out of the box.

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Fed Grants Volcker Rule Extension for Banks Unable to Divest Assets

American Banker

WASHINGTON – The Federal Reserve is accepting applications for a compliance extension for banks to divest or otherwise align certain proprietary illiquid assets with the Volcker Rule.

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Now Is Not a Good Time to Form a Bank: B of A's Moynihan

American Banker

During an event in Washington, Brian Moynihan touched on the regulatory environment as well as technological innovations like the distributed ledger that are changing the banking industry.